Standard Form 28 is designed to provide which type of coverage?

Standard Form 28 is utilized to provide excess coverage for employee fidelity. This specific form serves to protect businesses from losses that may arise due to dishonest acts committed by employees, such as theft or fraud. It is particularly relevant in ensuring that a company's assets are safeguarded beyond the typical limits that standard fidelity bonds might cover. By addressing potential exposures from employee misconduct, Standard Form 28 allows businesses to have a financial safety net in place to recover losses that might occur from such incidents. This focus on employee fidelity distinguishes it from the other types of coverage options listed, which do not specifically address the risks associated with employee dishonesty.